Subnostr

Replying to

Contra

Still mocking sats? You won’t be laughing when 100,000 sats buys more than your paycheck.

There are 100 million sats in a single bitcoin. That’s the standard. That’s the future.

There will only ever be 21 million bitcoin. No bailouts. No printing. No second chances.

Stack hard. Stack now. Or get left behind watching the price in disbelief.

Contra 8mo ago

For clarification, I don’t see spending and holding as mutually exclusive. I stack aggressively because I believe in the long term upside, but I also spend occasionally to support the circular economy I want to see thrive….

If we all just hodl and never use sats, Bitcoin stays an asset, not money. I want both….a store of value and a usable currency. It’s a long game, and sometimes that means planting seeds, not just counting them.

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Discussion

S!ayer 8mo ago

Until Bitcoin becomes a standard, it's potential growth outweighs everything.

Contra 8mo ago

if no one ever spends sats, Bitcoin stays speculative instead of becoming real money.

We need both: holders to store value, and users to give it life.

S!ayer 8mo ago

Yeah it's the condrum faced with gold reserves and the creation of promissory notes

Bitcoin is gold. Lighting is promissory notes.

The question becomes does the promissory notes match the bitcoin?

Contra 8mo ago

The key difference now is we can verify and settle instantly. No blind trust in banks or governments. Just math and final settlement when needed.

The real question is: will we build responsibly so those “notes” stay honest? Protocols give us the tools. It’s on us to use them well.

S!ayer 8mo ago

Doubt it if you look at core. Idk about lighting either, right now Bitcoin seems pretty confused about what it does, let alone what problem it solves.

Until we find a real use case for it, it'll remain speculative and a greater fool theory.

If you want cash, use monero.

If I want digital store of value, maybe Bitcoin or PAXG

Contra 8mo ago

Bitcoin isn’t confused…the observers are.

It’s not trying to be everything to everyone. It’s solving the hardest problem first: absolute scarcity and decentralized trust. That’s the foundation. Every other use case, from Lightning to custody to censorship resistance, is built on that bedrock.

Monero? Great privacy, but no credible decentralization roadmap or supply audit. PAXG? Issued by a centralized entity with counterparty risk.

Bitcoin stands alone: unforgeable, unprintable, unstoppable.

It’s not about finding a use case…it is the use case. Now it’s on us to build, teach, and prove it.

Hanshan 8mo ago

decentralization roadmap? huh?

what is your compliant with monero centralization?

also supply inflation is audited with every block.

details at

https://www.moneroinflation.com/

Contra 8mo ago

Good questions. Monero’s done solid work, especially with inflation audits. I respect that. My concern is more about its smaller dev base and node centralization compared to Bitcoin.

Bitcoin’s supply is fully transparent and auditable by anyone without complex cryptographic assumptions. That level of trust minimization is hard to beat

Hanshan 8mo ago

but tbh

nobody actually verifies the Bitcoin supply themselves.

they trust the code to do it for them.

yes Monero has additional complexity.

but it isn't really THAT different for the end user

and also, the Pedersen commitments that guarantee Monero supply are old and well-understood.

not really arguing, just a different perspective.

as people become more used to the idea of Bitcoin

they will become more comfortable trusting cryptographic primitives.

Bitcoiners now are just like precoiners from 2014,

willing to trust certain specific primitives they don't understand. but not others.

🇵🇸 whoever loves Digit 8mo ago

The key difference of trust is big for end users

S!ayer 8mo ago

Monero is more decentralised with the least amount of barriers to entry for people to earn monero. That's the thing too, Bitcoin earning is exclusionary. If you can afford a miner, that's one thing but then also having cheap electricity benefits you as well.

The more I think about Bitcoin these days, the more I really look at it, the more I start to see these snags

Tauri 8mo ago

I want to hear more of this and less of “digital gold/asset” clown takes. 🤙

S!ayer 8mo ago

Mortgage your house buddy